|Real Estate Information|
Brain Snappers and Other Wall Street Nonsense
Al Thomas The last time you spoke with your broker did he use any of the following words Diversification, Price-to-earnings ratios, discretionary trading, lifting a leg he’s talking to you not your dog, leverage, divergence, fee-based compensation, escalator clause, tactical asset allocation and other mesmerizing words to place you in stupefying shock.
Brokers do that to let you know that you don’t know anything about the market and you must allow them to make decisions for you. You don’t know the language. You are just too dumb. Another mushroom.
Wadda ya’ mean mushroom Didn’t you know Most customers are considered mushrooms. A mushroom is grown in the dark and fed horse manure. Now you understand why they treat you that way.
Then try to get him to explain commission structures of mutual funds. Oh, you’re not allowed to ask that. You might want to read page 35 in the January 31, 2005 issue of Newsweek magazine for an excellent breakdown of this Wall Street scam. Maybe you better not. You will get mad at your broker.
Another one of those big words they don’t want to discuss is redemption fees. This is an extra charge of as much as 2% of the amount that is deducted from your check if you sell within a certain period of time. Brokerage companies tell you it is to discourage frequent short-term trading which adds to their cost of doing business and increases the expenses that are charged to you every year. Having owned a brokerage company I can tell you this is more of that brown stuff they feed to the mushrooms.
The reason for redemption fees is to discourage you from selling. You might take money out of your account and that must be restricted in every way possible.
Some of the biggest words are associated with those special limited partnerships. These are definitely brain twisters. You can get these in real estate, hospital construction, oil and gas pipe lines and the most confusing one of all is technology. And they are all guaranteed. That word I understand, but be sure you read the fine print to see what is guaranteed. You remember the old one that they give it to you in the big print and take it away in the fine print.
How about placing a limit bid on a secondary distribution of a special claim on residual equity certificates You didn’t understand that Believe me you don’t want to.
When you are solicited by your broker, financial planner or anyone to buy any equity you must clearly understand what you are buying.
The Curious History Of Wine Consumption In America
The history of wine consumption in America has been frought with starts, stops, and inconsistencies.The American population has always had a love-hate relationship with alcohol.Historic prohibitionist attitudes amongst much of the American population have blurred the line between moderate wine consumption and detrimental alcoholism.As a result, regular, moderate consumption of wine by the American public continues to face ideological and legal impediments.
How to Create a Professional Website In Less Than a Week
Heres a really simple way... any novice can create a fully functional website in less than a week.
Dont Sign That Lease Yet
Youre being transferred to a new city in another state for a position that you start in exactly two weeks. You fly to your new hometown to select an apartment. You have exactly two days to make a decision and sign a lease, so when, after much searching, you find a vacancy in a relatively decent property, youre anxious to sign when the lease is placed in front of you. Resist the urge. As mentioned in previously in our report "Avoiding Tenants Tribulations," wearing rose-colored glasses can easily fool you into believing that your best interests as a tenant will be protected. Your desire to find a home and wind up what can be an exhaustive search process can push you into signing on the dotted line before youve read and understand all of the fine print of your lease.
Juggling It All
As we have mentioned in other articles, having a trigger to start your day is very important. One of the major problems with people running businesses from their home is starting the work day. For many of us seasoned home based business owners its a trigger. A trigger can be making a cup of coffee and taking it to the office, getting the kids off to school, after your morning jog or workout; it can be any one of a number of things. A trigger is very dependent upon the individual.
The 9 Critical Steps To Success In Demolishing Your Money Worries For Good!
Articles on How to make money come a dime-a-dozen.How about a fresh, new perspectiveHeres a rather unique, untapped, revolutionary article about the 9 Simple Yet Powerful Steps You can use right now to Demolish Your Money Worries for Good,...for Life,...Forever!
Real Estate Bankruptcy
Although real estate bankruptcy cases no longer dominate the bankruptcy courts dockets as they did in the early nineties, but they continue to be filed with great frequency in UK. At its essence, the real estate bankruptcy is a two party dispute between mortgagee and mortgagor. Real estate bankruptcy cases are typically filed after a foreclosure sale has been set. Upon learning of the bankruptcy filing, a secured creditor has a number of available options, all or some of which should be exercised, depending on the facts of the case, to maximize loan recovery.
Do You Have A Press Package
How do you make a friend of the media A press package can go a long way in helping you deal with the media. It allows you to have everything you need handy.
What is Bridging Finance
Once you understand what the term, “Bridging Finance” means, it’s easy to understand how it got its name.The purpose of a bridging or bridge loan is to provide short term cash for a real estate transaction until permanent financing is secured.Bridge loans are commonly used to “bridge the cash gap” when completing commercial real estate transactions.
Why You Should Invest In Real Estate
Why real estate, or why property, some people ask when looking for an investment. Well, as far as I am concerned, real estate/property investment is, and always has been, the most powerful type of investment for building wealth. It has been said that over 90% of the worlds millionaires got there by owning property. The reason property is such a powerful way to build wealth is due to one key concept: leverage.
How to Become a Successful Entrepreneur on the Web
Becoming a successful entrepreneur in the online world is no different than becoming a successful entrepreneur in the brick-and-mortar world. Both tasks require vision, determination, and hard work.
Online Travel Statistics
The Travel Industry Association of America TIA released their annual Travelers’ Use of the Internet study in December 2003. The study shows an increase in the number of people using the internet to research and book travel.
The Power of a Home Equity Loan to Pay Down Debt
Households across the country are finding themselves in a similar situation. They lack the financial funds to make the necessary changes to their home and need to find a way to fund upgrades and eliminate debt. A popular way of financing these changes without killing themselves is by taking a home equity loan to pay down their debt.
Wealth And Your Net Worth
Wealth and Your Net Worth by C.C. Collins http://networthpublishing.com
The Real Estate Bubble Fallacy
There has been a lot of talk lately about the "Real Estate Bubble", and a lot of folks are asking the question: "When it is going to burst"
Reducing Debt Before Its Too Late ... How To Avoid The Pitfalls Of Creeping Debt
Reducing debt usually isnt a high priority for people until they have already gotten into trouble with overspending. Using a few basic guidelines, and debt calculations, can help you see when your debt load is getting into the danger zone.
How Do You Profit From O.P.P.
In a previous article we introduced you to the concept of O.P.P., or Other Peoples Property, and the many ways in which you can profit.
The Metaphors of the Net
I. The Genetic Blueprint
Perhaps you’d like to take advantage of today’s great buyer’s market in housing but feel a little intimidated by everything that’s involved.
Sniffing Out Mindfulness:Your Nose Knows
A nose is a funny thing.
Engage the Power of the Internet to Find Your Perfect Home
Finding the perfect home is always a challenge. Its easy to be overwhelmed by the number of choices and all the time required. But the challenges have gotten much easier for buyers who use My Buying Buddy®. Its a system that permits "virtual tire kicking" of homes listed by the Multiple Listing Service MLS.
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